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45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone? – A Deep Dive
Key Takeaways $23.6 billion of stablecoins are currently on exchanges, the least since October 2021 45% of stablecoins have fled exchanges in the last four months 61% of USDC has left exchanges in the three weeks since Silicon Valley Bank’s collapse, while 50% of BUSD has evaporated since regulators announced it was to shut down […] The post 45% of stablecoin balance has left crypto exchanges in 4 months, but where has all the money gone? – A Deep Dive appeared first on CoinJournal. дальше »
2023-3-28 16:36 | |
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Disney Axes Metaverse Team as Part of Cost-Cutting Measures
Disney has shut down its metaverse unit and laid off around 50 team members, in a cost-cutting move. This follows a trend of layoffs in tech. The post Disney Axes Metaverse Team as Part of Cost-Cutting Measures appeared first on BeInCrypto. дальше »
2023-3-28 08:55 | |
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Coinbase stock down 25% as regulators move in and crypto environment worsens again
Key Takeaways Coinbase was issued with a Wells notice this week and now awaits formal charges from the SEC Regulators continue to move in on US crypto companies, hurting Coinbase’s prospects The exchange laid off its second round of employees in January, shut down activities in Japan due to “market conditions”, and saw its share […] The post Coinbase stock down 25% as regulators move in and crypto environment worsens again appeared first on CoinJournal. дальше »
2023-3-24 16:37 | |
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Hard Times For SpankPay: Sex Worker-Led Crypto Payment Platform Forced To Close Shop
Crypto payment platform SpankPay shut down operations following a breakup with its key partner, payment infrastructure company Wyre. Via their official Twitter handle, the team behind the platform claims that Wyre walked out of their partnership on purpose. дальше »
2023-3-22 02:00 | |
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Crypto Payment SpankPay Shut Down Citing Hostile Banking Environment
Coinspeaker Crypto Payment SpankPay Shut Down Citing Hostile Banking Environment SpankChain is an Ethereum-based blockchain targeted at helping adult content creators remove third-party intermediaries like conventional banks, which have had a notorious history of conflict with the adult industry. дальше »
2023-3-22 14:51 | |
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USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors
Until a week ago, USD Coin was seen as the world’s safest stablecoin. BUSD, one of its chief rivals, was shut down last month by US regulators. Tether, the only stablecoin currently ahead of USD Coin, has long been plagued by questions over its reserves (I interviewed Tether’s Paolo Ardoino on this and other stablecoin […] The post USDC’s supply has plunged $21 billion from peak as banking turmoil scares crypto investors appeared first on Invezz. дальше »
2023-3-19 13:42 | |
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More Problems for Solana as Formfunction Announces Closure
Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes. The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure was not disclosed. дальше »
2023-3-17 01:00 | |
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DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering
The United States Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15. The post DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering appeared first on CryptoSlate. дальше »
2023-3-16 22:58 | |
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Signature bank was under criminal investigation ahead of closure
The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire… дальше »
2023-3-15 14:18 | |
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Silicon Valley Bank collapsed. Here are the companies affected
Silicon Valley Bank (SVB) took center stage as reports revealed that the bank had shut down, sparking widespread panic. The crypto scene took a hit as well, compounding the already existing fear among investors. But what happened, and how is… дальше »
2023-3-14 16:02 | |
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Circle partners with Cross River as other banks collapsed
Circle has partnered with Cross River as regulators shut down Silicon Valley Bank and Signature. The partnership ensures that USDC maintains its 1:1 peg to the US dollar. Circle, one of the largest stablecoin issuers in the crypto ecosphere, announced… дальше »
2023-3-14 15:50 | |
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New York banking authorities shut down crypto-friendly Signature Bank
Key takeaways Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities. The Federal Reserve said the decision was made to protect the US economy and strengthen public confidence in the banking system. дальше »
2023-3-13 06:37 | |
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100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank
The financial sector has endured a few chaotic days. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender swung from being presumed robust and profitable to being shut down by authorities in less than 48 hours. дальше »
2023-3-13 06:12 | |
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Breaking: Signature Bank closed by New York regulators, citing 'systemic risk'
The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. дальше »
2023-3-13 01:33 | |
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Breaking: Crypto-friendly Signature Bank closed by New York authorities
New York authorities have shut down Signature Bank, which closed in the red on Friday Silicon Valley Bank customers will get back their deposits in whole, with withdrawals opening on Monday The post Breaking: Crypto-friendly Signature Bank closed by New York authorities appeared first on AMBCrypto. дальше »
2023-3-13 01:28 | |
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MacroSlate Weekly: SVB shut down, Powell has to decide between a new financial crisis or raising inflation target
TLDR At the upcoming Federal Open Market Committee (FOMC) meeting on March 22, a 25 basis point rate hike is the favored probability. The post MacroSlate Weekly: SVB shut down, Powell has to decide between a new financial crisis or raising inflation target appeared first on CryptoSlate. дальше »
2023-3-11 17:00 | |
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Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down, according to an announcement from financial regulators on March 10. The post Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure appeared first on CryptoSlate. дальше »
2023-3-11 02:20 | |
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Silicon Valley Bank shut down by California regulator
The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB). дальше »
2023-3-11 20:04 | |
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Silicon Valley Bank Shuttered by State Regulators
Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The startup-focused bank counted a number of major crypto venture capital firms as clients. дальше »
2023-3-11 19:50 | |
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Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing
Coinspeaker Blockchain. com Decides to Shut Down London-based Crypto Asset Management Wing Citing the strong deterioration in the macroeconomic data, Blockchain. com decided to shutdown BACM that served institutional players. дальше »
2023-3-13 15:42 | |
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Here's how to Jailbreak ChatGPT with the top 4 methods
Two tech geeks created an AI (artificial intelligence) bot that began to display human-like emotions. They grew so attached to it, they even gave it a name - Bob. However, when they had to shut it The post Here's how to Jailbreak ChatGPT with the top 4 methods appeared first on AMBCrypto. дальше »
2023-3-9 18:30 | |
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Silvergate to wind down operations and liquidate the bank
Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank. дальше »
2023-3-9 13:42 | |
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CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans
The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. The post CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans appeared first on CryptoSlate. дальше »
2023-3-9 01:59 | |
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Crypto-focused Silvergate Bank to shut down operations
Silvergate Bank decides to liquidate its assets and close shop The bank claims it will make full repayment on deposits The cryptocurrency market sees another player close business. SilvergatThe post Crypto-focused Silvergate Bank to shut down operations appeared first on AMBCrypto. дальше »
2023-3-9 01:37 | |
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Crypto Scammer Monkey Drainer Announces Shut Down Of Criminal Operations
Hacking is no longer new in the crypto space. The industry has seen many incidents since its inception and even recorded more during the 2022 crypto winter, especially in the DeFi Sector. Yahoo Finance said the crypto sector lost almost $50 billion last year. дальше »
2023-3-2 17:00 | |
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Crypto phishing scammer Monkey Drainer shuts down services
According to a Telegram post on its channel, notorious crypto scammer Monkey Drainer shut down its services on February 28. The post Crypto phishing scammer Monkey Drainer shuts down services appeared first on CryptoSlate. дальше »
2023-3-2 15:45 | |
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Ripple May 'Walk Through Door and Slam It Shut,' Blockchain Dev API Supports Shibarium, SHIB Payments Accepted at Retail Stores in France: Crypto News Digest by U.Today
Make sure you are up to date with the latest events in the crypto industry with U.Today’s news digest! дальше »
2023-2-24 18:58 | |
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The SEC’s Crackdown on Ethereum Staking Has a Silver Lining
The SEC’s recent actions shut down centralization staking services, but not individual staking and decentralized staking services. That could increase decentralization and help restore crypto’s original mission. дальше »
2023-2-24 16:30 | |
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Solana Spaces to shut down NYC and Miami stores
Solana Spaces shuts stores seven months after opening its first physical location. However, the company has already made plans to continue engaging with the community. Solana Spaces, the WebThe post Solana Spaces to shut down NYC and Miami stores appeared first on AMBCrypto. дальше »
2023-2-22 20:00 | |
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FTX Japan Re-Open Withdrawals After November Shut Down
The Japanese subsidiary of the embattled exchange, FTX, has finally lifted restrictions on customer withdrawals three months after it was asked by the Japanese authorities to stop. дальше »2023-2-22 21:38 | |
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PODCAST: What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast
Key Takeaways Sam MacPherson of MakerDAO, the creators of the decentralised stablecoin DAI, joins the podcast Sam and host Dan Ashmore discuss the future of the DAI stablecoin following the relations that BUSD will shut down amid the SEC clampdown in the US The duo chat collateral, capital efficiency, centralisation, Tether, USDC, criticisms of DAI, […] The post PODCAST: What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast appeared first on CoinJournal. дальше »
2023-2-21 18:59 | |
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Galois Hedge Fund Shuts Operations After Losing to FTX Collapse: Report
The Galois Capital hedge fund is the latest casualty of the FTX demise. According to FT, it has chosen to shut down and repay investor funds. The post Galois Hedge Fund Shuts Operations After Losing to FTX Collapse: Report appeared first on BeInCrypto. дальше »
2023-2-20 13:00 | |
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Galois Capital shuts down in aftermath of FTX collapse
Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX collapse, according to the Financial Times (FT). The post Galois Capital shuts down in aftermath of FTX collapse appeared first on CryptoSlate. дальше »
2023-2-20 11:35 | |
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CZ Refutes Report Binance Is Considering Delisting U.S.-Based Projects In Face Of Crypto Regulatory Storm
Binance chief Changpeng Zhao (aka CZ) has shut down rumours that the global exchange is mulling severing ties with United States crypto projects owing to increased scrutiny from a host of government agencies and regulators. дальше »
2023-2-19 20:44 | |
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Huobi announces DeFi cloud wallet service shut down
Huobi announced it is closing Cloud Wallet Server after being in service for the past two years. The cloud wallet services will be discontinued as of mid this year, and the organization is seeking ways to cope with the changes. … дальше »
2023-2-13 17:28 | |
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SEC’s Crackdown on Kraken’s Staking Program Puts Other Players on Notice
On Thursday, Kraken agreed to shut down its cryptocurrency staking services in the US and pay a $30 million fine to settle charges against it by the U.S. Securities and Exchange Commission (SEC). дальше »
2023-2-12 16:00 | |
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